It has been another positive day for the benchmark S&P/ASX 200 (Index: ^AXJO) (ASX: XJO). In afternoon trade the index up a solid 0.5% to 5,992 points.
Four shares climbing more than most today are listed below. Here's why they have charged higher:
The a2 Milk Company Ltd (Australia) (ASX: A2M) share price has continued its solid run and is up 5% to $7.86. Today's gain is likely to be attributable to a positive broker note out of Citi. The broker has retained its buy rating and increased its price target to $8.85. I suspect it won't be too long before the dairy company's shares reach this level.
The Auscann Group Holdings Ltd (ASX: AC8) share price has rocketed 17% to 86.5 cents after the medicinal cannabis announced that its Chilean joint venture has been granted a cultivation licence. This is being seen as a major step forward in its aim of being fully integrated across the full spectrum of the Latin America medicinal cannabis supply chain.
The Syrah Resources Ltd (ASX: SYR) share price has jumped 9% to $4.45 despite there being no news out of the graphite miner. The majority of miners with exposure to the electric vehicle (EV) battery market are pushing higher today following positive global EV sales data.
The WiseTech Global Ltd (ASX: WTC) share price has climbed 6% to $12.70 following the release of its annual general meeting presentation. Although its previous earnings growth guidance has been reaffirmed, management has upgraded its revenue growth guidance following a strong start to the year and recent acquisitions.
